TVFORMATS
Korean format outfit Something Special has received venture capital funding from DAEKYO Investment and SB Partners to power its next phase of expansion.
The five-year-old venture was founded by Jin Woo Hwang, president and executive producer, and InSoon Kim, executive VP and head of content, and is home to formats such as Unforgettable Duet, recently optioned in Australia, and Battle in the Box, optioned in 23 territories.
DAEKYO Investment manages a DAEKYO K-Contents Scale Up Fund to help small and medium-sized Korean content companies. It is the lead investor in Something Special’s funding round, with SB Partners providing supporting capital.
Roh Jai Seung, executive director at DAEKYO Investment, stated: “Something Special has proven itself to be a globally known and highly respected content company, specialized in Korean formats, both producing and helping to promote great Korean IP outside of Korea. They are shining a light on the best of Korean creativity to the world, and we are excited to collaborate with Jin Woo, InSoon and their expert team.”
Something Special’s Hwang and Kim added: “We are honored that DAEKYO Investment and SB Partners recognize Something Special’s vision and potential. Their investment is a testament to our work in bringing top-tier Korean format talents and projects to the global stage. As the leading independent Korean agency representing A-list producers and formats worldwide, we remain committed to our motto: We connect and create.”
